Bruce Jackson Is Named Head of the Santander US Auto Business and CEO of Santander Consumer
December 22 2022 - 12:21PM
Business Wire
Santander Holdings USA, Inc. (“Santander” and “Santander US”)
today announced that, effective March 2023, Bruce Jackson will
assume the role of head of the Santander US Auto business and CEO
of Santander Consumer USA Inc. (“Santander Consumer”), reporting to
Santander US CEO, Tim Wennes. Jackson succeeds Mahesh Aditya who is
taking on the role of Banco Santander's Group Chief Risk officer in
Madrid, subject to customary regulatory approvals.
In this capacity, Jackson will be responsible for the Santander
US Auto business with a continued focus on enhancing the dealer and
manufacturer experience, increasing the Santander US Auto market
share, and executing on the Santander US growth strategy. Most
recently, Jackson served as President of Chrysler Capital and has
previously held senior auto finance leadership roles at JP Morgan,
Ally Financial and Bank of America, among others.
“This appointment underscores the depth of leadership across the
Santander US region. With his combination of industry knowledge,
dealer and manufacturer relationships and leadership experience,
Bruce is well positioned to continue to build upon the strong
position that the Santander US Auto business holds in the
marketplace,” said Tim Wennes, Santander US CEO.
Santander US remains a strategically and financially important
market for Banco Santander, continuing to deliver attractive,
sustainable results through market cycles.
About Santander US
Santander Holdings USA, Inc. is a wholly owned subsidiary of
Madrid-based Banco Santander, S.A. (NYSE: SAN) (Santander), a
global banking group with 159 million customers in the U.S., Europe
and Latin America. As the intermediate holding company for
Santander’s U.S. businesses, SHUSA is the parent organization of
financial companies with approximately 14,600 employees,
approximately 5 million customers, and $160 billion as of December
2021. These include Santander Bank, N.A., Santander Consumer USA
Holdings Inc., Banco Santander International, Santander Securities
LLC, Santander Investment Securities Inc., and several other
subsidiaries. Santander US is recognized as a top 10 auto lender, a
top 10 multifamily lender, and a top 20 commercial real estate
lender, and has a growing wealth management business with more than
$41 billion in assets under management. For more information on
Santander US, please visit www.santanderus.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221221005609/en/
Media: Laura Burke Laura.Burke@santander.us
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